The “Obviously-Going-To-Die” Stocks
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 1 October 2020
⏱️ 20 minutes
🧾️ Download transcript
Summary
Bed Bath & Beyond pops more than 30% on a surprisingly strong 2nd-quarter report. Pepsi treads water as 3rd-quarter sales of snacks make up for weak soda sales. Playboy Enterprises plots a return to the public markets via a reverse-merger with Mountain Crest Acquisition. Jim Gillies analyzes those stories and shares why he’s intrigued by companies that everyone assumes are going to die.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | It's Thursday, October 1st. Welcome to Market Fullery. I'm Chris Hill joining me from the Great White North. Mr. Jim Gillies. |
| 0:10.0 | Good to see you, my friend. Good to be seen, Chris. |
| 0:12.8 | We have got snacks and beverages. |
| 0:15.6 | We have an iconic brand that is returning to the public markets, but we are going to start |
| 0:20.1 | with the stock of the day. Don't call it a comeback. |
| 0:24.0 | Bed Bath and Beyond has been here for years. |
| 0:26.0 | It's just that all that time someone else was running the company. |
| 0:30.0 | But now that Mark Tritton has been in the corner office for about a year, |
| 0:35.2 | we're seeing days like today. Second quarter profits came in |
| 0:37.6 | exponentially higher than expected. Same store sales were positive for the first time |
| 0:42.2 | in four years. The stock is up more than 30% this morning. |
| 0:47.0 | I'm assuming at least part of what we're seeing with the stock is some short sellers saying that's it I think I'm out. |
| 0:55.0 | Probably. |
| 0:57.0 | Bed Bath and got and congratulations to Mark Triton and Beth by |
| 1:02.0 | Best by Bed Bath and Beyond for this quarter. |
| 1:05.9 | I marked written formerly of Target of course and a few other places before that. |
| 1:10.5 | I think Nordstrom's and I believe, I think he had a stint at Nike too, although I could be misquoting. |
| 1:18.0 | This Bed Bath and Beyond is in a group of companies, group of retailers that I like to call the obvious |
| 1:25.6 | obviously going to die crowd. |
| 1:28.2 | And the funny thing about companies that are obviously |
| 1:31.9 | going to die when they get the right mix of |
| 1:34.9 | management decision-making and some help from the environment and you know just |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

